Post
Topic
Board Trading Discussion
Re: How to Trade cryptocurrencies comfortably with profit
by
kurian
on 27/03/2019, 18:22:22 UTC
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.

First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.

This is applicable for any type of trading. Emotions play an important role in our activities regardless the trading platform. As long as we don't let it take our control, we are on the safer side. I had big loses on commodity market due to this. To make profit, we should do some research too. This would help us to make good decisions.